The Container Store, one of the largest retailers of organizing solutions, has filed for Chapter 11 bankruptcy. It is the ...

Last week saw the announcements of two companies closing all their stores. After nearly 40 years in business, Party City is shuttering all of its stores. It has several stores in Indiana, including ...

Party City officially files for bankruptcy as it prepares to 'wind down' operations ...

Party City was once unmatched in its vast selection of affordable celebration goods. But over the years, competition stacked up at Walmart, Target, Spirit Halloween, and especially Amazon.

Party City announced Saturday that it would start a “wind down” of its retail and wholesale operations as it prepares to ...

At least 19 companies have cut a combined 14,000 jobs because of bankruptcies, according to Challenger, Gray & Christmas, an ...

Party City stores to close after years of financial challenges. Explore CEO Barry Litwin's announcement, employee reactions, and the competition's impact on small chains.